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Deriving macroeconomic benefits from public-private partnerships in developing Asia
Lee, Minsoo; Han, Xuehui; Gaspar, Raymond; Alano, Emmanuel - 2018
The provision of infrastructure and related services in developing Asia via publi-private partnership (PPP) increased rapidly during the late 1990s. Theoretical arguments support the potential economic benefits of PPPs, but empirical evidence is thin. This paper develops a framework identifying...
Persistent link: https://www.econbiz.de/10011896056
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Moonshot : Public R&D and Growth
Kantor, Shawn Everett; Whalley, Alexander T. - National Bureau of Economic Research - 2023
We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...
Persistent link: https://www.econbiz.de/10014322858
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African development : beyond income convergence
Asongu, Simplice A. - 2012
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …
Persistent link: https://www.econbiz.de/10011410273
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The comparative economics of catch-up in output per worker, total factor productivity and technological gain in Sub-Saharan Africa
Ssozi, John; Asongu, Simplice A. - 2015
the beta catch-up and sigma convergence to compare dispersions in output per worker, total factor productivity and ….70% per annum with corresponding time to full catch-up of 25.38 years and 26.01 years respectively. Third, we find sigma-convergence …
Persistent link: https://www.econbiz.de/10011407943
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Urban-Biased Growth : A Macroeconomic Analysis
Eckert, Fabian; Ganapati, Sharat; Walsh, Conor - National Bureau of Economic Research - 2022
Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...
Persistent link: https://www.econbiz.de/10013388871
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Large fiscal episodes and sustainable development some international evidence
Aizenman, Joshua; Jinjarak, Yothin; Hien Nguyen; Park, … - 2021
This paper examines the association between episodes of large fiscal impulses (expansions and adjustments) and sustainable development indicators (prosperity, resilience, and inclusivity). We provide country studies of Chile, Poland, South Africa, and Thailand, examining the components of...
Persistent link: https://www.econbiz.de/10012796061
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Relevance of Wagner's hypothesis in achieving sustainable development agenda in Nigeria
Oseni, Isiaq O.; Adekunle, Ibrahim A. - 2020
Policy ambiguity in the form of non-directional and non-purposeful use of state resources has made sustainable growth outcomes a mirage in Nigeria. Recent economic crisis prompted the debate on how increased government spending induces sustainable economic growth in Nigeria. This paper examines...
Persistent link: https://www.econbiz.de/10012165290
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New Area- and Population-based Geographic Crosswalks for U.S. Counties and Congressional Districts, 1790–2020
Ferrara, Andreas; Testa, Patrick A.; Zhou, Liyang - National Bureau of Economic Research - 2024
In applied historical research, geographic units often differ in level of aggregation across datasets. One solution is to use crosswalks that associate factors located within one geographic unit to another, based on their relative areas. We develop an alternative approach based on relative...
Persistent link: https://www.econbiz.de/10014512060
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Estimating the Economic Value of Zoning Reform
Anagol, Santosh; Ferreira, Fernando Vendramel; Rexer, … - National Bureau of Economic Research - 2021
We develop a framework to estimate the economic value of a recent zoning reform in the city of Sao Paulo, which altered maximum permitted construction at the city-block level. Using a spatial regression discontinuity design, we find that developers file for more multi-family construction permits...
Persistent link: https://www.econbiz.de/10012660117
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Power sector development in Myanmar
Nam, Kee-yung; Cham, Maria Rowena; Halili, Paulo Rodelio - 2015
While the economic literature has yet to establish whether greater electricity consumption leads to faster economic growth, or vice versa, it is widely accepted that the better provision of electricity can enable pro-poor growth. Because electricity consumption is expected to grow in emerging...
Persistent link: https://www.econbiz.de/10011374148